Athens AL Multi Family for Sale
$1,555,000
11261 Lawngate Road Athens, AL 35611
- Type:
- Other
- Sq.Ft.:
- 1,456
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 4.8 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- 21868055
- Subdivision:
- Metes And Bounds
View additional info
Courtesy: Capstone Realty
256-382-7300
ADDITIONAL INFORMATION
Prime investment opportunity! 12 units on a 5 acre developable lot! 4 buildings, 3 units in each building. Units are fully renovated with new flooring, paint, appliances, tile, hardware, and faucets. This property has 4 large units (one in each building) and 8 small units. Property is fully rented with a waitlist. Opportunity to build more units on the property and double your income! Property is parceled into 4 addresses: 11570, 11510 SHAW RD & 11405 & 11261 LAWNGATE RD. Rent includes water, electric, and trash. Tenants pay WIFI. Limestone water, Athens utilities. Small units: $950/mo Large units: $1050-$1100/mo. Fully rented.
Athens Real Estate
The median home value in Athens, AL is $250,800. This is lower than the county median home value of $265,500. The national median home value is $338,100. The average price of homes sold in Athens, AL is $250,800. Approximately 58.67% of Athens homes are owned, compared to 32.88% rented, while 8.45% are vacant. Athens real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Athens real estate agent to arrange a tour today!
Athens, Alabama 35611 has a population of 25,213. Athens 35611 is less family-centric than the surrounding county with 29.98% of the households containing married families with children. The county average for households married with children is 35.47%.
The median household income in Athens, Alabama 35611 is $52,211. The median household income for the surrounding county is $70,736 compared to the national median of $69,021. The median age of people living in Athens 35611 is 41.9 years.
Athens Weather
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 29.6 degrees. The average rainfall is approximately 54.7 inches per year, with 1.5 inches of snow per year.